GITNUX MARKETDATA REPORT 2024
Lab Testing Industry Statistics
The lab testing industry is experiencing steady growth driven by an increasing demand for diagnostic services and advancements in technology.
In this post, we explore key statistics shaping the laboratory testing industry, providing insights into market sizes, growth projections, and revenue shares. From global laboratory services to specialized areas such as blood testing, in-vitro diagnostics, and genetic testing, these data points offer a comprehensive overview of the industry’s landscape.
Statistic 1
"As of 2021, the global laboratory testing market size was valued at USD 116.47 billion."
Statistic 2
"The laboratory services market size is expected to grow at a CAGR of 4.1% from 2022 to 2030."
Statistic 3
"In 2020, the U.S. held the largest revenue share of more than 48.0% in the global laboratory services market."
Statistic 4
"The global blood testing market size was USD 54.1 billion in 2020."
Statistic 5
"The blood testing market is projected to grow at a CAGR of 7.4% from 2021 to 2028"
Statistic 6
"The in-vitro diagnostics market size was USD 69.2 billion in 2020."
Statistic 7
"The in-vitro diagnostics market is projected to expand at a CAGR of 4.5% from 2021 to 2028."
Statistic 8
"The cardiac biomarker testing market size was USD 7.66 billion in 2019."
Statistic 9
"The cardiac biomarker testing market is expected to grow at a CAGR of 11.3% from 2020 to 2027."
Statistic 10
"The global molecular diagnostics market was worth USD 7.1 billion in 2015."
Statistic 11
"The molecular diagnostics market is forecasted to reach USD 10.7 billion by 2022."
Statistic 12
"The genetic testing market was valued at USD 10.58 billion in 2018."
Statistic 13
"The genetic testing market is projected to reach USD 21.26 billion by 2026."
Statistic 14
"The market for respiratory syncytial virus (RSV) diagnostics was sized at USD 929.2 million in 2019."
Statistic 15
"The respiratory syncytial virus (RSV) diagnostics market is projected to grow at a CAGR of 10.4% from 2020 to 2027."
Statistic 16
"The global pathology market size was valued at USD 33.0 billion in 2020."
Statistic 17
"The pathology market is expected to grow at a CAGR of 7.3% from 2021 to 2028."
Statistic 18
"By 2030, the diagnostic imaging market is projected to reach USD 35 billion, from USD 26.6 billion in 2020, growing at a CAGR of 3.0%."
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